India saved $25 billion by importing Russian crude oil : Ministry data
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31
Assessing infrastructure requires for $1 tn exports by Aug-Sep
NEW DELHI : A study to assess required infrastructure and identify main industry clusters for achieving the $ 1 trillion merchandise exports target by 2030 may be submitted
Govt to focus attention for the promotion of India’s textiles exports: Textiles Secretary
NEW DELHI : The government will accord focused attention to promote India’s textiles exports, which declined for the second year in a row in 2023-24, Textiles Secretary Rachna
Assam soon to witness India’s first river terminal in Guwahati
GUWAHATI : India’s first river terminal is set to be established in Guwahati, Assam. The development marks a significant milestone in the country’s transportation and logistics sector. The terminal
Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among
China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data
US probably impose 100% tariffs on EV imports from China
WASHINGTON D.C. : The United States is all set to impose a 100% tariff on Electric Vehicles(EV) imported from China, according to a report from the Financial Times.
Panama Canal in talks with US LNG producers to increase transit
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover
Commerce Ministry is looking for a plan to diversify its export destinations
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and
Merchandise exports of India to grow by 12.3% in June quarter : Exim Bank
NEW DELHI : The Export-Import Bank of India has predicted that India’s total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on